Risk Based Capital Standards: Capital and Liquidity Applicability Thresholds

ICR 201811-1557-006

OMB: 1557-0344

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-11-29
ICR Details
1557-0344 201811-1557-006
Historical Inactive
TREAS/OCC
Risk Based Capital Standards: Capital and Liquidity Applicability Thresholds
New collection (Request for a new OMB Control Number)   No
Regular
Comment filed on proposed rule 06/18/2019
Retrieve Notice of Action (NOA) 12/21/2018
The OCC should consider whether it is appropriate to apply an identical hourly cost burden across all subparts of the proposed collection as well as relative to other active collections where the identical figure, $117, has been offered.
  Inventory as of this Action Requested Previously Approved
36 Months From Approved
0 0 0
0 0 0
0 0 0

This Supporting Statement is filed in connection with a notice of proposed rulemaking titled “Proposed Changes to Applicability Thresholds for Regulatory Capital and Liquidity Requirements.” The proposal would establish a revised framework for determining applicability of requirements under the regulatory capital rule, the liquidity coverage ratio rule, and the proposed net stable funding ratio rule for large U.S. banking organizations based on their risk profile. The proposal would establish four categories of standards and apply tailored capital and liquidity requirements for banking organizations subject to each category. The proposal is consistent with a separate proposal issued by the Board that would apply enhanced prudential standards for large banking organizations based on those four categories of standards. The proposal would not amend the capital and liquidity requirements currently applicable to an intermediate holding company of a foreign banking organization. These changes will not result in changes to the PRA-related burden. Nevertheless, in order to be consistent across the agencies, the agencies would apply a conforming methodology for calculating the PRA-related burden estimates. The agencies would also update the number of respondents based on the current number of supervised entities even though this proposal only affects a limited number of entities. The agencies believe that any changes to the information collections associated with the proposed rule are the result of the conforming methodology and updates to the respondent count, and not the result of the proposed rule changes.

US Code: 12 USC 1 et seq. Name of Law: The National Bank Act
  
None

1557-AE56 Proposed rulemaking 83 FR 66024 12/21/2018

No

No
No
This ICR is submitted in connection with an NPR titled "Proposed Changes to Applicability Thresholds for Regulatory Capital and Liquidity Requirements" and is a duplicate of OMB Control No. 1557-0318, which is currently pending in connection with another rule." Both rules affect the OCC's capital rules. Because there is an ICR currently pending under OMB Control No. 1557-0318, this ICR could not be filed under it. Therefore, we are requesting a new control number for this rule. Once both of these rules have become final, we will consolidate the burden under OMB Control No. 1557-0318.

No
    No
    No
No
No
No
Uncollected
Carl Kaminski 202 649-5869 carl.kaminski@occ.treas.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
12/21/2018


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